Sofia attracts 80% of Bulgaria’s foreign direct investments

Bulgaria’s capital Sofia has attracted 78% of the country’s total amount of foreign direct investments in 2007-2008.

This was announced Friday by the Deputy Mayor of Sofia Minko Gerdzhikov during an international conference on the implementation of EU’s Lisbon Strategy in the development of the city.

Gerdzhikov pointed out there were over 700 000 employed persons in Sofia, and that the average monthly salary in the capital city was EUR 287, which was 31% higher than the average salary in the country as a whole.

In addition, Sofia provides 33% of Bulgaria’s GDP, and its own economic growth is 13 to 15% every year.

The Deputy Mayor said the capital attracted foreign investors with its favorable geographic location, the lower salaries in comparison to those in Central Europe, and the high number of young people who graduate from universities each year.

The Labour Party candidate Dilma Rousseff has achieved a victory in the second round of the elections for President of Brazil with 54% of the total votes, have the authorities reported after processing most of …

The Sofia philharmonic orchestra opened it’s 81st season in the hall “Bulgaria” with works by Beethoven, Pancho Vladigerov and Berlioz.
The orchestra conductor will be Alexei Kornienko from Austria – the new main conductor of the …

“By the end of the week the capacity of the landfill “Kapsidata” will be made clear. Then, we can renew the negotiations with Sofia to dispose of the capital’s wastes”, announced the vice-mayor of Asenovgrad …

The best Bulgarian tennis player Tsvetana Pironkova qualified for the quarterfinals of the ITF tournament in the Greek capital Athens. The grand prize ofthe event is 100 thousand dollars.
The 22 year old Pironkova, 108th in …